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U.S. Bill Would Create a Reciprocal Tax on Any Foreign Country that Imposes Unfair Taxes Under the OECD's Global Tax Deal

|Proposed Changes|United States
United States

U.S. House Ways and Means Committee Republicans have introduced a bill that would create a reciprocal tax applicable to any foreign country that imposes unfair taxes on U.S. businesses and workers under the OECD's global tax deal.

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Ways and Means Republicans Introduce Bill to Combat Biden's Global Tax Surrender

MAY 25, 2023 — PRESS RELEASES

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08), along with every Committee Republican, introduced H.R. 3665, the Defe…

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